Multiplex major PVR Inox Ltd. recorded a net loss of ₹125 crore in the quarter ending March 2025, slightly improved over the ₹130 crore loss in the same period last year. The company’s top line was ₹1,250 crore, almost flat on a year-on-year basis, recording a marginal decline of 0.5% during a mixed box office show.
Although while top-line growth was subdued, PVR Inox managed to enhance operational efficiency, its EBITDA went up by 1.5% to ₹283 crore from ₹279 crore in the comparable period last year. EBITDA margins too rose modestly, up 50 basis points to 22.7%, as a result of better cost control despite challenging industry conditions.
The quarter showed strategic consolidation, as the firm strengthened its emphasis on efficiency and quickness of action while waiting for a stronger content pipeline. PVR Inox added 77 new screens across 11 properties during the year ended March 31, 2025, being faithful to its expansion plans in a prudent market. Adding the new properties, the firm now has 352 cinemas and 1,743 screens spread across 111 cities, strengthening its footprint even further in the country.
Addressing a statement, Ajay Bijli, Managing Director, said about FY25 as a milestone year for the company, when it transformed into a more agile, innovative, and resilient business model. The business has moved from responding to market circumstances to positively defining its future, with concentration on long-term purpose in India’s evolving entertainment industry, he added. With business content on the upswing and expansion activity in line, PVR Inox is poised to make a stronger return in the months ahead.
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